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Also, they are placing orders from manufacturers/dealers only after confirmation rather than ordering in bulk.

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Same story everywhere, says an e-seller

Sanjay Thakur, President of e-Seller Suraksha, stated: "There is no question of selling online or offline, it's the same story everywhere. No one is buying inventory and some are even selling their existing inventory at a loss. This is happening across industries and across categories."

A representative of All India Online Vendors Association (AIOVA) said both online and offline sellers would face trouble while applying for input tax credit for older goods sold after 1 July.

AIOVA representative's statement

"No one is placing orders for new inventory since it is better to incur losses and get rid of existing inventory. It's the same scenario online as well as offline. We hope that once GST becomes active, things will go back to normal."

DiscountsAlert, shoppers! Sit tight and avail massive discounts

Many e-sellers dealing with lifestyle, fashion and beauty products are offering huge discounts on the remainder of their stocks.

Products from categories like furniture and apparel are being offered for sale on e-commerce platforms at discounts of up to 80%.

These discounts aren't restricted only to these categories; products from home furnishing and interior design are also being sold at very low prices.